SB1926 Engrossed

LRB095 14200 MJR 40068 b






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    AN ACT concerning regulation.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section  5. The Public Utilities Act is amended  by changing 
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Section 2-203 as follows:
 



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    (220 ILCS 5/2-203)



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    (Section scheduled to be repealed on January 1, 2009)

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    Sec. 2-203. Public Utility Fund base maintenance 
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contribution. Each For each of the years 2003 through 2008, 
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each electric
utility as defined in Section 16-102 of this Act 
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providing service to more than
12,500 customers in this State 
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on January 1, 1995 shall contribute annually a
pro rata share 
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of a total amount of $5,500,000 based upon the number of

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kilowatt-hours delivered to retail customers within this State 
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by each such
electric utility in the 12 months preceding the 
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year of contribution. On or
before May 1 of each year, the 
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Illinois Commerce Commission shall determine and
notify the 
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Illinois Department of Revenue of the pro rata share owed by 
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each
electric utility based upon information supplied annually 
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to the Commission. On
or before June 1 of each year, the 
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Department of Revenue shall send written
notification to each 
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electric utility of the amount of pro rata share they owe.

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These contributions shall be remitted to the Department of 
 


 






SB1926 Engrossed
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LRB095 14200 MJR 40068 b




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Revenue no earlier
that July 1 and no later than July 31 of 
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each year the contribution is due on a
return prescribed and

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furnished by the Department of Revenue showing such information 
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as the
Department of Revenue may reasonably require. The 
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Department of Revenue shall
place the funds remitted under this 
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Section in the Public Utility Fund in the
State treasury. The 
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funds received pursuant to this Section shall be subject to

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appropriation by the General Assembly. If an electric utility 
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does
not remit its pro rata share to the Department of Revenue, 
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the Department of
Revenue must inform the Illinois Commerce 
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Commission of such failure. The
Illinois Commerce Commission 
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may then revoke the certification of that electric
utility.  
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This Section is repealed on January 1, 2014 2009.

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(Source: P.A. 92-600, eff. 6-28-02.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.